Primo Brands Corporation Class A

Good morning. My name is Marissa and I will be your conference operator today. At this time, I would like to welcome everyone to the Primo Brands Corporation's third quarter 2025 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star then one on your telephone keypad. If you would like to withdraw your question, please press star two. Thank you so much. I will now turn the call over to Logan Grossenbacher.

Welcome to Primo Brands Corporation's third quarter 2025 earnings conference call. The call is being webcast live on Primo Brands' website at ir.primobrands.com and will be available there for playback. This conference call contains forward-looking statements regarding the company's future financial results and operational trends, estimated synergies, impacts from economic factors, and other matters. These statements should be considered in connection with cautionary statements and disclaimers contained in the Safe Harbor Statements and this morning's earnings press release and the company's quarterly report on Form 10-Q and other filings with the SEC. The company's actual performance could differ materially from these statements, and the company undertakes no duty to update these forward-looking statements except as expressly required by applicable law. A reconciliation of any non-GAAP financial measures discussed during the call with the most comparable measures in accordance with GAAP when the data is capable of being estimated is included in the company's third quarter earnings announcement released earlier this morning or in the investor relations section of the company's website at ir.primobrands.com in addition to slides accompanying today's webcast to assist you through our discussions. We have included a copy of the presentation and a supplemental earnings deck on our website. Certain information discussed on this call concerning our industry and market position is based on information from third-party sources that we have not independently verified and is subject to uncertainty. I'm joined today by Dean Metropolis, a member of the Board of Directors and former non-executive chairman, Eric Foss, Primo Brands chairman and chief executive officer, and David Haas, our chief financial officer. Our prepared remarks will begin with Dean discussing the leadership transition we announced this morning. Following that, David will discuss the third quarter performance of Primo Brands and the outlook for the full year 2025. And then Eric will share his thoughts on the business as he steps into the role as chairman and CEO. Following that, Eric and David will take your questions. With that, I will now turn the call over to Dean.

Good morning and thank you everyone for joining us. As you have probably seen, This morning, we announced that the Primo Brands Board of Directors appointed Eric Foss as chairman and chief executive officer. Eric is an experienced executive, having served as chairman and CEO of Global Consumer Businesses. He has served as director of the company's board and its predecessor, Primo Water. I welcome Eric's energy and abilities as a transformative leader. He is known for his people-first leadership philosophy. brand building experience, operational and executional expertise, and the ability to drive long-term growth through customer focus, innovation, and creating a winning culture. He's highly qualified to lead Primo Brands' future growth and value creation. I want to also express our deep confidence in the future of Primo Brands with its unique, historic brand and unmatched and now highly integrated and efficient national network that will reach consumers in every aspect of their lives. In addition, Primo Brands is a major beneficiary of strong tailwinds that are driven by an unprecedented consumer focus on healthy hydration. We're all very confident that Eric will lead Primo Brands in this exciting new future, and we thank all of you investors for their continued support and interest in our Primo brands. Thank you. In conversations with the board, as we move into the next phase following our breakthrough merger and integration, now is the right time for me to step away as non-executive chairman. I will remain on the board as a director and will support Eric during the transition. Robert will lead the company and the board to pursue other interests, We want to thank him for his hard work and contribution to the consolidation and integration of Primo Water and Blue Triton Brands during the past year, and we wish him continued success. I want to express my deep confidence in Eric as he assumes his new role and thank all of you again for your continued interest in Primo Brands. With that, let us turn the call over to David. Thank you, David.